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Succession again becomes a concern at Apple with 63-year-old Tim Cook older than many other CEOs

MacDailyNews

Dec 9

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Apple faces a potential leadership challenge as CEO Tim Cook approaches retirement. The company lacks a clear, immediate successor, creating uncertainty about future leadership. Bloomberg’s Mark Gurman suggests that finding a suitable replacement could prove to be a complex task for Apple.

Ananya Gairola for Benzinga:
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“You look down the list of executives, and it’s really not clear how this all pans out,” Gurman said, adding, “You wonder why there hasn’t been more transparency and exposure for the next leaders. It raises a broader question: Does Apple have a comprehensive and deliberate set of succession plans?”
According to the report, there’s no basis to presume that a leadership transition is imminent. While Cook may be older than the CEOs of other tech companies leading the S&P 500, he is far from being the oldest executive at the helm of a major corporation.

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MacDailyNews Take: Well, certainly, the chairman and CEO of Berkshire Hathaway, Warren Buffett is 94 years young!

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